Niger recorded a Current Account deficit of 14.60 percent of the country's Gross Domestic Product in 2019. source: Institut National de la Statistique du Niger

Current Account to GDP in Niger averaged -9.56 percent from 1974 until 2019, reaching an all time high of 1.15 percent in 1975 and a record low of -22.70 percent in 2011. This page provides - Niger Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Niger Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Niger is expected to reach -18.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Niger Current Account to GDP is projected to trend around -16.00 percent in 2021 and -14.00 percent in 2022, according to our econometric models.

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Niger Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-14.60 -13.10 1.15 -22.70 1974 - 2019 percent Yearly

Niger Trade Last Previous Highest Lowest Unit
Balance of Trade -280440.00 -184851.00 -23245.00 -429726.00 FCFA Million [+]
Current Account -113.50 -135.00 -20.20 -754.20 FCFA Million [+]
Current Account to GDP -14.60 -13.10 1.15 -22.70 percent [+]
Imports 355030.00 470589.00 519424.00 152052.00 FCFA Million [+]
Exports 84086.00 86593.00 180681.00 54178.90 FCFA Million [+]
Capital Flows -162.00 -182.30 763.80 -515.10 XOF Billion [+]
Crude Oil Production 9.00 8.00 20.00 5.00 BBL/D/1K [+]
Terms Of Trade 60.40 56.60 129.40 44.50 points [+]
Terrorism Index 5.60 6.00 6.68 0.00 [+]


Niger Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.